Notable Analyst Rating Changes 10/01: (MDRX) (GILD) (CWTR) Upgraded; (MSFT) (PHM) (ALU) Downgraded

UPGRADES
Allscripts (Nasdaq: MDRX) boosted by two today:

• ISI Group from Market Weight to Overweight; and
  
  
• Cowen from Neutral to Outperform.

Bernstein upgrades Gilead Sciences (Nasdaq: GILD) from Market Perform to Outperform.

Piper Jaffray lifts Coldwater Creek, Inc. (Nasdaq: CWTR) from Neutral to Overweight, doubling its price target to $2.

Tudor Pickering raises Hercules Offshore (Nasdaq: HERO) from Hold to Accumulate.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
RBC Capital downgrades Microsoft (Nasdaq: MSFT) from Outperform to Sector Perform, trimming its price targe from $34 to $33.

Credit Suisse cuts PulteGroup (NYSE: PHM) from Outperform to Neutral.

UBS chops Alcatel-Lucent (NYSE: ALU) from Neutral to Sell.

Janney Montgomery Scott drops Wendy's (Nasdaq: WEN) from Buy to Neutral, lowering its price target by 50 cents to $4.75.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Guggenheim assumes coverage on Citi (NYSE: C) at Buy and $45 price target.

JPMorgan initiates ZAGG Incorporated (Nasdaq: ZAGG) with an Overweight and $13.50 target.

Cowen starts Avanir Pharmaceuticals (Nasdaq: AVNR) at Outperform.

Lazard Capital begins CIENA (Nasdaq: CIEN) with a Neutral rating.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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